🕐06.12.12 - 00:54 Uhr

BHP BILLITON NEWS



View all News (www.bhpbilliton.com/home/investors/news/Pages/default.aspx) Latest News Updates  ** Olympic Dam Update ------------------------------------------------------------ December 06, 2012 âBHP Billiton today announced plans to transfer responsibility for its Olympic Dam operation to the Base Metals Customer Sector Group. The announcement follows decisions in August this year to investigate an alternative, less capital-intensive design of the Olympic Dam open-pit expansion and to sell the Yeelirrie uranium asset in Western Australia to Cameco Corporation. The incorporation into Base Metals will consolidate the management of the next phase of studies for the open pit expansion, align with the Companyâs cost control strategy in the current economic environment and position Olympic Dam to support BHP Billitonâs long term copper strategy. Darryl Cuzzubbo will continue as Asset President Olympic Dam, reporting to Peter Beaven, President Base Metals, for all operational matters.

In addition, Darryl will assume a further role of President South Australia reporting directly to Chief Executive Non Ferrous, Andrew Mackenzie, for matters relating to the South Australian Government.

He will also have responsibility for BHP Billitonâs ongoing participation in the uranium industry globally. The transition is expected to be completed by 31 March 2013.  Other News  ** Sale of Diamonds Business ------------------------------------------------------------ November 13, 2012  ** Petrohawk September 2012 Financial Report ------------------------------------------------------------ November 07, 2012  ** BHP Billiton Exploration and Development Report for the Quarter Ended 30 September 2012 ------------------------------------------------------------ October 17, 2012 Home People & Careers www.bhpbilliton.com About Us Investors & Media Businesses Contact Us
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